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RNS Number : 0840W Sareum Holdings PLC 20 August 2025
Sareum Holdings plc
("Sareum" or the "Company")
Exercise of Warrants
Cambridge, UK, 20 August 2025 - Sareum Holdings plc (AIM: SAR), a
clinical-stage biotechnology company developing next-generation kinase
inhibitors for autoimmune disease and cancer, announces that it has received
notices to exercise certain warrants to subscribe for a total of 1,404,040 new
ordinary shares in the capital of the Company at a price of 12.5 pence per
ordinary share ("New Ordinary Shares") for a total consideration to the
Company of £175,505.
Admission and Total Voting Rights
Application has been made to the London Stock Exchange plc for the admission
of the 1,404,040 New Ordinary Shares to trading on AIM ("Admission"). It is
expected that Admission will occur at 8.00 a.m. (London time) on or around
Tuesday 26 August 2025. The New Ordinary Shares will rank pari passu with the
existing ordinary shares.
Immediately following Admission, the total number of ordinary shares in issue
will be 136,815,933. and the total number of voting rights will therefore be
136,815,933, and this figure may be used by shareholders as the denominator
for the calculations by which they will determine if they are required to
notify their interest in, or a change to their interest in, the share capital
of the Company under the FCA's Disclosure and Transparency Rules.
For Further Information:
Sareum Holdings plc
Stephen Parker, Executive Chairman 01223 497700
ir@sareum.co.uk
Strand Hanson Limited (Nominated Adviser)
James Dance / James Bellman 020 7409 3494
Oberon Capital (Broker)
Mike Seabrook / Nick Lovering 020 3179 5300
ICR Healthcare (Financial PR)
Jessica Hodgson / Davide Salvi 020 3709 5700
About Sareum
Sareum (AIM: SAR) is a biotechnology company developing next generation kinase
inhibitors for autoimmune disease and cancer.
The Company is focused on developing next generation small molecules which
modify the activity of the JAK kinase family and have best-in-class potential.
Its lead candidate, SDC-1801, simultaneously inhibits TYK2 and JAK1. SDC-1801
is a potential treatment for a range of autoimmune diseases, with a planned
initial focus on psoriasis.
Sareum is also developing SDC-1802, a TYK2/JAK1 inhibitor with a potential
application for cancer immunotherapy, and has recently initiated a preclinical
programme to develop TYK2/JAK1 inhibitors for neuroinflammatory diseases such
as multiple sclerosis and Parkinson's disease.
The Company is the license holder for SRA737, a clinical-stage Checkpoint
kinase 1 inhibitor that targets cancer cell replication and DNA damage repair
mechanisms.
Sareum Holdings plc is based in Cambridge, UK, and is quoted on the AIM market
of the London Stock Exchange, trading under the ticker SAR. For further
information, please visit the Company's website at www.sareum.com
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